Keynesianism, Pennsylvania Avenue Style: Some Economic Consequences of the Employment Act of 1946
研究了1946年就业法如何通过设立经济顾问委员会，推动政府接受稳定宏观经济的责任，并探讨了自动稳定器对战后商业周期的影响。
The Employment Act of 1946 created the Council of Economic Advisers (CEA)--and served as a convenient marker of the government's acceptance of the burden of stabilizing the macroeconomy. The willingness of post-WWII governments to let automatic stabilizers function in recessions may well have moderated the post-WWII business cycle. The CEA has also served as an advocate of allocative efficiency in economic policy. Its relative success can be primarily ascribed to Chairman Arthur Burns, who hired a CEA staff composed of short-term appointees whose principal loyalty was to economic rationality.